The Shapoorji Pallonji Group has welcomed the RBI’s decision on Tata Sons and backed a public listing of the holding company. Shapoorji Pallonji Mistry has described the listing as a social and moral imperative, while calling for greater transparency, accountability and cooperation among stakeholders. The development comes after Tata Trusts proposed providing at least ₹25,000 crore in liquidity to the SP Group by monetising part of its stake in Tata Sons. The SP Group holds an estimated 18.37% stake in Tata Sons. In this exclusive conversation, Business Today’s Nachiket Kelkar explains the latest developments and what the RBI decision could mean for Tata Sons.
The three listed Tata group companies hold stakes of around 2.5-3 per cent each in Tata Sons. The potential listing of Tata Sons could therefore bring greater attention to the value of these holdings, although the impact on the stocks will depend on how investors value the unlisted holding company.
Stocks like Tata Group stocks, BEL, Wipro, Veegaland, IndiGo, Skyways Air, PB Fintech, PTC India, NLC India, Petronet LNG and more will be in the spotlight on Friday, September 18.
Tata Sons’ potential listing is putting the spotlight on India’s capital markets and the future of the Tata Group. Kshitiz Mahajan, Managing Partner & CEO, Compcircle, discusses how new listings could deepen the market, expand investment opportunities and attract more retail participation. He also shares his views on the leadership transition, N. Chandrasekaran’s reappointment and the Shapoorji Pallonji Group’s proposal. The discussion explores the importance of professional management, strong leadership and the Tata Group’s global reputation.
Tata Group’s leadership uncertainty is weighing on investor sentiment, with Tata Motors and Tata Steel stocks in focus. Gaurav Sharma, Associate VP & Head of Research, Globe Capital, discusses the impact of uncertainty surrounding the conglomerate and why investors are cautious. The discussion covers N. Chandrasekaran’s role in Tata Motors’ demerger, Air India’s restructuring and Tata Steel’s debt management. With recent gains in Tata stocks fading, the focus remains on clarity, investor confidence and the way forward for the group’s listed companies.
Ratan Tata's half-brother, who has spent nearly 40 years working across Tata Group companies, is now a key player in a leadership tussle that could reshape one of India's oldest business empires.
Tata Sons listing: Chairman of SP Group, Shapoorji Pallonji Mistry said that the RBI decision should not be seen as the triumph of one stakeholder over another
Tata Sons Chairman N Chandrasekaran is set to get a five-year extension after the Tata Sons board backed his continuation at the helm. However, Chandrasekaran will need to be reappointed as a director at the company’s Annual General Meeting to continue as chairman. The AGM has faced delays amid a lack of quorum linked to the suspension of SRTT. Meanwhile, Tata Sons’ board has also decided to take all necessary steps to pursue a public listing, in line with Reserve Bank of India requirements. The developments come as Tata Sons navigates governance, ownership and regulatory matters surrounding the group’s holding company. Watch all live updates on Business Today Television.
The brokerage said the stock currently trades at 8 times estimated FY28 EV/Ebitda and that it remains positive on the scrip as a unique tech-telecom play.
If Tata Sons is publicly listed, the rights of Tata Trusts as majority shareholders stand to be seriously impaired, says Noel Tata
Tata Trusts has put forward a proposal that could give the Shapoorji Pallonji Group a ₹25,000 crore liquidity route by buying back part of its stake in Tata Sons. The plan involves a two-tranche buyout over 18 months and an NCLT-led capital reduction process, while the Trusts continue to oppose a Tata Sons listing.
Fueling India’s tech surge: NaBFID lines up ₹3,000 crore loans for data hubs
Panic button: California governor issue order for mandatory kill switch on advanced rogue AI
West Asia impact: Saudi Aramco halts European crude allocations after East-West pipeline attack
Air India's incoming CEO weighs merging budget arm AI Express to rein in swelling costs: Report
Darkness at 9 pm: Pakistan shuts markets, slashes allocations amid severe fuel & gas crisis
Jindal Supreme, SS Retail, Hero Motors IPOs subscribed up to 181 times on final day; details here
Sensex, Nifty post sixth weekly loss; TCS, Titan among top laggards, slip up to 4%
Banks are no more secular growth story, prefer NBFCs: Chris Wood
Jefferies' Christopher Wood sees gold at $10,000 'sooner or later'; likes India's small, midcaps



